General Motors said on Tuesday it would take a $1.6 billion charge in the third quarter as it reshapes its electric vehicle strategy following the scrapping of a key federal incentive that is likely to dampen demand. GM’s disclosure is …
At least six property insurers in Florida have opened a new front in their battle against public claims adjusters – policy endorsements that strongly discourage property owners’ use of public adjusters altogether. And the National Association of Public Insurance Adjusters …
The U.K. urged corporate bosses to protect their businesses against cyberattacks, after a spate of high-profile incidents targeting companies that it said represent just a fraction of the known threats.
Apple was hit with a lawsuit in California federal court by a pair of neuroscientists who say that the tech company misused thousands of copyrighted books to train its Apple Intelligence artificial intelligence model. Susana Martinez-Conde and Stephen Macknik, professors …
A North Carolina woman has been busy over the last three years, illegally obtaining weight-loss medication, administering it to people, and defrauding insurance companies of more than $87,400, the state department of insurance alleges. Heather Ann Robinson, 37, of Kenly, …
Weak artificial intelligence governance practices pose a growing risk of data breaches, warns a report published by Moody’s Ratings. Large numbers of companies and organizations “have no rules in place to govern the safe use of new artificial intelligence (AI) …
There’s something fundamentally American about the freedom to get in your car and drive. Driving is self-determination. The liberty to set your own course. The power to move under your own willpower, whether for duty or sheer pleasure. Despite some …
ICW Group Insurance Companies named Lynn Moretti chief claims officer. Moretti will oversee the company’s claims operations nationwide. Moretti previously served as chief claims officer for AmTrust Specialty, managing international claims operations in the U.K. and European Union. She has …
